Xi'an Shaangu Power Co., Ltd Provides Earnings Guidance for the Year 2019
January 20, 2020
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Xi'an Shaangu Power Co., Ltd. provided earnings guidance for the year 2019. For the year, the company expected net profit belonging to shareholders of the listed company in 2019 will be between RMB 525,430,000 and RMB 577,980,000, with an increase of between RMB 175,140,000 and RMB 227,690,000 compared with the same period of the year before and with a year-on-year increase of between 50% and 65%. The net profit belonging to shareholders of the listed company in 2019 after excluding extraordinary profit and loss will be between RMB 242,590,000 and RMB 295,140,000, with an increase of between RMB 175,720,000 and RMB 228,270,000 compared with the same period of the year before and with a year-on-year increase of between 263% and 341%.
XI'AN SHAANGU POWER CO., LTD. is a China-based company principally engaged in the development, manufacture and distribution of energy conversion equipment. The Company's main products are turbine compressor sets, including axial compressors, centrifugal compressors and air separation compressors; turbine blowing machine sets, including centrifugal blowing machines and draft blowers, as well as industrial process energy recovery devices. The Company is also involved in the provision of energy transformation system services including packaged engineering, logistics and trading, automation services and others, as well as operation of energy infrastructure business. It distributes its products within domestic market and to overseas markets.
XI'AN SHAANGU POWER CO., LTD. 
